Definitions for "unlimited tax bond"
Keywords:  pledge, municipal, ariable, levy, bond
A municipal bond backed by a full faith and credit commitment to tax at whatever...
A general obligation bond secured by a pledge of taxes that are not limited in rate or amount. ariable Rate: Interest rate on a security that is subject to change, commonly in connection with the rates paid on selected issues of Treasury certificates. Also called floating rate.
A bond secured by the pledge of taxes that are not limited by rate or amount.